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wind energy will sink and we'll be better off. it is behathe sector we'll pour billions into it >> the wind farms are kind of methadone clinic. we'll reenact the two percent . part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like norway. >> and holland. >> and what is happening the wind sector took off in norway and in denmark. at the same time gerald ford and carter were pushing shell gas development. >> and that was viable. >> and that is 50 percent of what is going on in wind energy and equals the price . you net out 15 percent of the oil. are we making these companies economically profitable or if not. they should be killed off and otherwise we are padding the profits. morgan, you still like solar and what about wind. >> the price of that is coming down. wind energy let is it lapse and slash and born corn sib sidies. going back to wind. i
wind energy will sink and we'll be better off. it is behathe sector we'll pour billions into it >> the wind farms are kind of methadone clinic. we'll reenact the two percent . part of the bargain let's get america off of a far more dangerous drug than corn or ethanoyl. it hurts food shoppers and tears up the inside of the engine. >> two wrongs don't make a right. what john was referring to was windmills in places like norway. >> and holland. >> and what is happening the...
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Dec 30, 2012
12/12
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to some extent, we have gained economically through dirt cheap excess of energy. but it will be costly down the road. we still have time to avert a future where we leave our children and grandchildren a degraded planet, but there's not a whole lot of time. >> basically-judges has been -- basically, our idea has been let's make our children richer and they can figure it out here [laughter] my daughters may live to the end of this century. what are they looking at? >> there is still time to prevent -- most scientists classify it as what would constitute a very dangerous impact on the plan met -- on the planet. we can prevent that. we would have to prevent sued to concentration -- would have to prevent co2 concentration. next year, if we were sitting in this room, rudi 397. -- they would be about 397. you can get to 450 pretty soon if we do not make some dramatic changes. if you do the math -- my good friend has going around the country with the do the math tour. we can still prevent dangerous impacts on our climate. but we have to bring our fossil fuel emissions to
to some extent, we have gained economically through dirt cheap excess of energy. but it will be costly down the road. we still have time to avert a future where we leave our children and grandchildren a degraded planet, but there's not a whole lot of time. >> basically-judges has been -- basically, our idea has been let's make our children richer and they can figure it out here [laughter] my daughters may live to the end of this century. what are they looking at? >> there is still...
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in our series looking at what happened in twenty twelve we focus on the rising levels of political energy in russia. presidential election twenty three cameras up on this roof correspondents throughout moscow and i mean you come across lines throughout the night was a great night was. the real color was right behind us was in it but but so one point when putin came out to show me like crowds the way of costume of the thousands and thousands of people i suppose so celebrating his victory one of the main points the unprecedented protests that took place to that election work and protest rallies that never really feels like we're actually taking part in the event it was during one of the massive protest rallies in moscow square that it really fifty for the first time when i saw the crowd walking it's easy to park right next to ours in the station and i realized how soon was people really turned uncontrollable in the matter with seconds and they'll come in just as easily chaos really quickly of people trying to get the political point in the past twelve months. the best way to do that would b
in our series looking at what happened in twenty twelve we focus on the rising levels of political energy in russia. presidential election twenty three cameras up on this roof correspondents throughout moscow and i mean you come across lines throughout the night was a great night was. the real color was right behind us was in it but but so one point when putin came out to show me like crowds the way of costume of the thousands and thousands of people i suppose so celebrating his victory one of...
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to fuel and next year looks set to get even more pricey germany is a world leader in using renewable energy and over the coming year it's the consumer who will be paying to keep it that way with a shocking fifty percent increase in the subsidy paid towards renewable energy sources so that's what troubled germans this year but what are their fears for the future but i'm concerned maybe to find a good job because i want to do something different trying to thirteen minutes on sure what is happening in an economical crisis perhaps the euro is having another crisis but i actually love berlin that's why i want to stay here but if i can't find a job here so will have to try to get somewhere else i worry about everything job crisis everything is going down the hill the people i concerned about job security that they just that yeah the contracts are not secure in our their firms companies no longer have enough money and that people are just get fired. as with most situations in life when you ask people what their concerns are or what they want to see changed you do have to be prepared that their ans
to fuel and next year looks set to get even more pricey germany is a world leader in using renewable energy and over the coming year it's the consumer who will be paying to keep it that way with a shocking fifty percent increase in the subsidy paid towards renewable energy sources so that's what troubled germans this year but what are their fears for the future but i'm concerned maybe to find a good job because i want to do something different trying to thirteen minutes on sure what is...
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will find a mechanism to discuss all the disputes it's basically about oil and gas it's always about energy so who's going to exploit water. so they're going to see his problem in the south china sea. no it's not i hope i'm right it's it's it's so odd to we we are getting from the political leadership from these southeast asian nations and also from the chinese as china doesn't want a confrontation with the south east southeast asia especially because most of these countries if not all of them their major trading partner is guess it china of course you probably already know. reference currency all over southeast asia nowadays it's not the us dollar anymore it's the new one and now you can change it you one virtually everywhere even in a shopping mall in bangkok for that matter so it's going to be the future reference carus and trade between china is going to grow exponentially so there's no need for a war what do we have is a competition for a gemini between china india and the us it involves not only the south china sea but this whole arc that goes from the arabian sea across the south chi
will find a mechanism to discuss all the disputes it's basically about oil and gas it's always about energy so who's going to exploit water. so they're going to see his problem in the south china sea. no it's not i hope i'm right it's it's it's so odd to we we are getting from the political leadership from these southeast asian nations and also from the chinese as china doesn't want a confrontation with the south east southeast asia especially because most of these countries if not all of them...
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as it is a sign that russia is turning more towards the east in its energy strategy that's now talk to our correspondents but the public over so that you know why has this project taken so long to complete and because the first two phases i remember was last more than three years ago wasn't. the right measure this is russia's largest infrastructure projects in the country is more than history it took transnet more than six years and more than five billion dollars to complete this pipeline now they expanded he asked he'll connect eastern siberia the oil fields abhay port on the pacific ocean it means that now russia increases or that spreads to asia one of the world's most dynamic markets now the you ask china and japan will be able to buy even more gas and they already are consuming most all of the story and more oil because they always are consuming most oil from here you know pipeline what the readers of the pipeline say the pickup profits of the pipeline will be increased to fifteen million tonnes a year in the near future that's from the current thirty million tons and that's actua
as it is a sign that russia is turning more towards the east in its energy strategy that's now talk to our correspondents but the public over so that you know why has this project taken so long to complete and because the first two phases i remember was last more than three years ago wasn't. the right measure this is russia's largest infrastructure projects in the country is more than history it took transnet more than six years and more than five billion dollars to complete this pipeline now...
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european central bank would do everything in its power to preserve the euro, and that really release energy and restored some confidence also for the bureau. in 2013, people see more share market. the dax could reach a new record highs. people do expect it to be a bumpy road again. the growth percentage-wise probably not quite as big as it was this year. >> let's take a look at the numbers now on the last day of trading in frankfurt. the dax ended the day just over 0.5% down. euro stoxx 50 lost more ground than that. as for the dow over in new york, it is down 0.6%. the euro shedding just a little bit of ground against the dollar. >> in other news now, the united states says it deeply regrets the passage of a new law in russia that bars american citizens from adopting russian children. president vladimir putin has signed the law, which places new strains on bilateral relations. >> the new law comes in response to american legislation that withholds visas to russians accused of human rights violations and freezes their u.s. assets. >> most bills signed by president putin have not been subjec
european central bank would do everything in its power to preserve the euro, and that really release energy and restored some confidence also for the bureau. in 2013, people see more share market. the dax could reach a new record highs. people do expect it to be a bumpy road again. the growth percentage-wise probably not quite as big as it was this year. >> let's take a look at the numbers now on the last day of trading in frankfurt. the dax ended the day just over 0.5% down. euro stoxx...
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as it is a sign that russia is turning more towards the east in its energy strategy that outlook of course. this is russia's largest infrastructure project in the country's modern history it took tranced after six years and more than twenty five billion dollars to build the pipeline the extended pipeline now connects siberian oil fields and a port on the pacific ocean and it means that russia will be able to increase its all the exports to asia one of the most dynamic global markets the us china and japan that consumer most oil from the e.s.b. all pipeline will now be able to buy even more but the raiders say that the pipeline capacity will be increased to fifty million tonnes a year in the future from the current thirty million tons this will be almost as much as russia's western pipeline is pumping to europe for over russian oil exports to europe arctic reasoning according to trans data they will continue to decrease in the first quarter of the next year but that's because they don't know they're just part of that experts say that the european commission doesn't really concerned about th
as it is a sign that russia is turning more towards the east in its energy strategy that outlook of course. this is russia's largest infrastructure project in the country's modern history it took tranced after six years and more than twenty five billion dollars to build the pipeline the extended pipeline now connects siberian oil fields and a port on the pacific ocean and it means that russia will be able to increase its all the exports to asia one of the most dynamic global markets the us...
SFGTV: San Francisco Government Television
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Dec 24, 2012
12/12
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and here in the city and those are really important to get the large scale renewable energy generation and additionally we might be able to use the program to efficient these programs and similar programs and it could be an important piece of getting to that 100% goal. >> in terms of the renewable energy study what's the next step. >> so we presented this to the mayor last week and he is very interested in moving forward and particular on some of the legislative pieces, and starting to -- for example, the example of pace into the federal legislative agenda and looking at supporting whether it's community or other pieces at the state level so we're talking about that as that legislative agenda comes up. we have the task force there. they're happy to continue their work. they really enjoyed being part of this work and so close in step with the city so they are available and willing to move forward. we at the department are moving forward on a number of these recommendations which are in the full task force and our u.s. department of energy grant and looking at permitting and financing in
and here in the city and those are really important to get the large scale renewable energy generation and additionally we might be able to use the program to efficient these programs and similar programs and it could be an important piece of getting to that 100% goal. >> in terms of the renewable energy study what's the next step. >> so we presented this to the mayor last week and he is very interested in moving forward and particular on some of the legislative pieces, and starting...
SFGTV: San Francisco Government Television
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Dec 24, 2012
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department of energy grant and looking at permitting and financing in particular and we have a grant from the frank foundation to continue implementation and planning around some of the recommendations so we have the recommendations for the task force and we're looking to bring it in house and look at measures that are implementable in the future and low cost and move forward quickly and identify funding for. >> does this study have to be adopted by anyone? >> it doesn't have to be. if the board of supervisors wanted to we're of course open to that, but from my perspective it's a great tool for us to look at in guidance how we move forward with the energy policy and planning and with the electricity plan that we have from the sf puc that has been adopted by resolution i believe and it's a support document moving forward and provides background on the energy sector so it's a nice document to go back to for fact checking and data. >> i appreciate the thoroughness of the report. i do think it would be helpful to see a greater emphasis on clean power sf and i don't know how exactly we go
department of energy grant and looking at permitting and financing in particular and we have a grant from the frank foundation to continue implementation and planning around some of the recommendations so we have the recommendations for the task force and we're looking to bring it in house and look at measures that are implementable in the future and low cost and move forward quickly and identify funding for. >> does this study have to be adopted by anyone? >> it doesn't have to be....
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is the single largest consumer of clean energy. if you add state and federal spending, if you look at the percentage of the gdp, the public sector, it's over 1%. >> and what helps is lots of natural gas in the united states. so there's even an alignment with what i think are going to be the economic interests. >> so the problem is that will probably make the unemployment problem worse and that lowers the return to investing in a heavy industry, that lowers the average real interest rate and the problem that they face is that the real interest rate is negative and that makes it difficult for us to achieve full employment. so you're making that problem harder by taxing carbon. >> so we don't have to have one -- >> i think that's totally wrong. >> when you have a low real interest rate, typically you get a lot of growth and a lot of employment. >> he's talking about a negative interest rate. >> yeah, but a real interest rate. what a carbon tax will do is drive activity into the things that you want and i agree it will draw it into the
is the single largest consumer of clean energy. if you add state and federal spending, if you look at the percentage of the gdp, the public sector, it's over 1%. >> and what helps is lots of natural gas in the united states. so there's even an alignment with what i think are going to be the economic interests. >> so the problem is that will probably make the unemployment problem worse and that lowers the return to investing in a heavy industry, that lowers the average real interest...
SFGTV: San Francisco Government Television
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Dec 31, 2012
12/12
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i think what we should do is change the 100% 2020 goal to locally produced energy from facilities beyond that date. >> thank you. next speaker please. >> hello commissioners. my name is paul congressmanus and part of. >> >> bon hundred% solar. there is a way to get to one heard% -- 100% and ignored in this country by the media so you might not have heard of it. it's a solar payment policy. it requires pg&e to pay 54 cents kilowatt hour to homeowners that put panels on their roo. i know a hundred people in this town that are generating surplus and pg&e is basically stealing this surplus energy at the rate pg&e is paying, so it's simply a policy that the mayor can institute under executive powers, and get around pg&e that way. in germany it's created 400,000 new jobs. it's created $4 billion in cash flow through the economy and making the german economy the strongest in europe and it's the -- it basically is a policy that pays the homeowners so it makes investing in solar attractive to homeowners. right now it's not attractive to put a hundred solar panels on your roof, but under this poli
i think what we should do is change the 100% 2020 goal to locally produced energy from facilities beyond that date. >> thank you. next speaker please. >> hello commissioners. my name is paul congressmanus and part of. >> >> bon hundred% solar. there is a way to get to one heard% -- 100% and ignored in this country by the media so you might not have heard of it. it's a solar payment policy. it requires pg&e to pay 54 cents kilowatt hour to homeowners that put panels...
SFGTV: San Francisco Government Television
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Dec 31, 2012
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that are generating surplus and pg&e is basically stealing this surplus energy at the rate pg&e is paying, so it's simply a policy that the mayor can institute under executive powers, and get around pg&e that way. in germany it's created 400,000 new jobs. it's created $4 billion in cash flow through the economy and making the german economy the strongest in europe and it's the -- it basically is a policy that pays the homeowners so it makes investing in solar attractive to homeowners. right now it's not attractive to put a hundred solar panels on your roof, but under this policy germany has made tremendous advances. there is one country in the world that is 100% solar power as of last month. cca cannot possibly do what they need done. the word -- you can boil this whole argument down to one question, one word and that is "inevitability". we are running out of the oil. we are drowning in our own waste. we need to stop burning oil and the way you could do it is putting a couple hundred solar panels on each house in san francisco. this was indirectly mentioned in the guardian editorial but t
that are generating surplus and pg&e is basically stealing this surplus energy at the rate pg&e is paying, so it's simply a policy that the mayor can institute under executive powers, and get around pg&e that way. in germany it's created 400,000 new jobs. it's created $4 billion in cash flow through the economy and making the german economy the strongest in europe and it's the -- it basically is a policy that pays the homeowners so it makes investing in solar attractive to...
WHUT (Howard University Television)
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Dec 28, 2012
12/12
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WHUT
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they need to quickly state the energy portfolio and decide on the use of nuclear energy in the first half of next year. >> reporter: people in japan are frustrated because they don't know where their country's energy policy is headed and what the future holds for nuclear power. they want clarity. prime minister abe's decision on this issue will face plenty of scrutiny and will be among the first of many tests for his administration. >>> stocks rallied here in tokyo, fukushima from the business team. they are here with more. >> the core index advanced for the fourth session in a row mainly on back of weaker yen, the japanese yen. the tokyo stock market closed the final session of 2012 at the year's highest level. investors are hoping prime minister shinzo abe's administration will tackle inflation and spur economic growth. a festive mood dominated at a ceremony that marked the end of trading for the year at the tokyo stock exchange. it topped the previous high for the previous year recorded on thursday. for the entire year the nikkei advanced 23%. this is the first time in three years
they need to quickly state the energy portfolio and decide on the use of nuclear energy in the first half of next year. >> reporter: people in japan are frustrated because they don't know where their country's energy policy is headed and what the future holds for nuclear power. they want clarity. prime minister abe's decision on this issue will face plenty of scrutiny and will be among the first of many tests for his administration. >>> stocks rallied here in tokyo, fukushima...
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Dec 31, 2012
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. >> where is the energy? the energy is in the united states. stop these strikes. stop labor. and i think that the stalin -- always been a convenient distraction for the right and the center, the trumanites. up to today to get -- >> the fact the communists were doing what they doing made it easy for the right to use that. >> and that's what concerns me. whenow see all the liberals, and also the truman liberals, the clark cliffords that will drift in this direction, and it changes american history terribly because right now we have no union movement. i think the concept of labor versus capital is not even discussed in this country. >> this is what has happened and this is far more important, frankly, than pointing the finger at the soviet union. why not point it, as i said earlier, at churchill and greece and athen inches -- athens in 1944. >> we'll jump forward afterwards. >> on the go? after words is available via pod cast through itunes and xml. visit booktv.org and select which padcast you would you like to download and listen to after words while you travel. >> okay. like
. >> where is the energy? the energy is in the united states. stop these strikes. stop labor. and i think that the stalin -- always been a convenient distraction for the right and the center, the trumanites. up to today to get -- >> the fact the communists were doing what they doing made it easy for the right to use that. >> and that's what concerns me. whenow see all the liberals, and also the truman liberals, the clark cliffords that will drift in this direction, and it...
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Dec 27, 2012
12/12
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i look for that energy. >> thank you, you have a lot of energy, secretary hilda solis, we're glad you came. [applause] [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> we will continue with the forecasts for the coming year's housing market with lawrence yun. a discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. " washington journal," 7:00 eastern. they share their experiences on the various challenges they faced early it into their careers and the workplace family balance. this is 45 minutes. >> debate you every single person here has been up since 5:00. >> the saw her on tv? that was clever. you are not a rhodes scholar for anything. >> 4:30 wakeup for "morning show." >> what time did you get up? :00.:30-5 >> i and the late riser. i get up at 5:00. >> when you are doing the today program, you have to be the last one there at night to make sure you have the overnight. there were late developments and early developments as well. i am there until 10:00 or
i look for that energy. >> thank you, you have a lot of energy, secretary hilda solis, we're glad you came. [applause] [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] >> we will continue with the forecasts for the coming year's housing market with lawrence yun. a discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. " washington journal," 7:00...
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that is why we are building a germany into one of the most modern energy producers in the world. that is why we are preparing our country for demographic change, and that is why we are bringing public finances into order. these objectives will continue to guide us into 2013. we need the right balance for prosperity and cohesion. we need a willingness to achieve as well as social security for all. the european sovereign debt crisis shows us how important this balance is. the reforms we have agreed to are beginning to take effect. but we still need a lot of patience. the crisis is far from over. more needs to be done internationally, as well, to monitor the financial markets. the world has not sufficiently learned the lesson of the devastating financial crisis of 2008. for never again must such irresponsibility be allowed to take cold as it did then. in the social market economy, the state is the guardian of order, and the public must be able to place its trust in it. my fellow citizens -- at this hour in particular, we should think about those to ensure our security, both here and
that is why we are building a germany into one of the most modern energy producers in the world. that is why we are preparing our country for demographic change, and that is why we are bringing public finances into order. these objectives will continue to guide us into 2013. we need the right balance for prosperity and cohesion. we need a willingness to achieve as well as social security for all. the european sovereign debt crisis shows us how important this balance is. the reforms we have...
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Dec 26, 2012
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. >> are prime minister abe says he and his minister also devote energy to foreign policy. he says they will strengthen diplomatic and security policies. >> translator: we should rebuild our diplomacy to protect our national interests. we are facing many challenges in our relations with china, south korea and even with the united states on which japan's security is based. strengthening japan/ize lie yans is the first step toward rebuilding japan's diplomacy and security. >> abe promised the central government will take the lead in rebuilding disaster-hit regions in northeastern japan, especially fukushima prefecture, home to the damaged nuclear plant. the new prime minister says he will achieve results as soon as possible to redeem the trust of the japanese people. >>> prime minister abe's launched his cabinet tuesday after the top lawmakers elected him to the top job. both houses of parliament elected abe as prime minister, a post he held between 2006 and 2007. abe is the first politician in 64 years to return to the position after resigning. his liberal democrats ruled ja
. >> are prime minister abe says he and his minister also devote energy to foreign policy. he says they will strengthen diplomatic and security policies. >> translator: we should rebuild our diplomacy to protect our national interests. we are facing many challenges in our relations with china, south korea and even with the united states on which japan's security is based. strengthening japan/ize lie yans is the first step toward rebuilding japan's diplomacy and security. >>...
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and from within so it's a cartel and they will be literally all it will do you know just like a an energy crisis in the u.s. where like you need to tap the strategic reserves yes well yes not unlike what you have a spike in maple syrup again or and going and eating pancakes i mean i don't know what there already is more better in the economy what they're worried about is that the prices would be too low so the producers couldn't get as much money for maple syrup that they would want to get what is the strategic reserve they're supposed to have supply to throw into the market in the event of a high price spike i think it's perhaps but what from what i was reading it was seeming like more they were storing more of it there when there was a glut of it so that prices didn't get too low well they're constantly keeping prices high then they're then they're creating a huge glut of maple syrup and eventually we're going to have a really feeding animal rental service out of corn ever got another another health crisis because we're going to monitor now it would be a health crisis i think maple syru
and from within so it's a cartel and they will be literally all it will do you know just like a an energy crisis in the u.s. where like you need to tap the strategic reserves yes well yes not unlike what you have a spike in maple syrup again or and going and eating pancakes i mean i don't know what there already is more better in the economy what they're worried about is that the prices would be too low so the producers couldn't get as much money for maple syrup that they would want to get what...
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Dec 30, 2012
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very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they've basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that if we go down a few months down that road. >> mike, ezra, good to have you on the program. thanks so much. >> thank you. >> have a great new year. >>> up next on the "the wall street journal report," the faces that made the newsf 2013 on our show. we will b bring you the >>> the meerz deens bend winter event is back with a perfect vehicle that's just right for you. no matter which lists you're on, lease a 2013 c-250 for $349 a month at your local mercedes benz dealer. and some difficult ones. but, through it all, we've persevered, supporting somof the biggest ideas in mod
very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they've basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that...
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. >> he takes the time to gather energy before he is back making music in the bell tower for the whole city to hear. >> if you want to explore european history, this is the place to go. this statue here -- that is margaret of austria. she resided here back in the early 16th century and married the spanish air to the throne. that is why the country that we know as belgium today became spanish for a while. the spanish soldiers and officers never really liked it here. they were seen as conquerors. northern europe was just too cold for them, and life was too hectic. and the people here did not do the siesta -- the nap after lunch, and that is a ritual that was important in spain back then, and it still is today. >> the cattle trader from spain gets up early in the morning and does not come home again until late. between 2:00 and 4:00 p.m., he takes an afternoon nap, a siesta. >> i need these one-and-a-half hours after lunch. if i do not sleep, i do not feel well. then i do not enjoy work, and i am just not myself. >> the long spanish siesta still exists, even in bustling major cities. many
. >> he takes the time to gather energy before he is back making music in the bell tower for the whole city to hear. >> if you want to explore european history, this is the place to go. this statue here -- that is margaret of austria. she resided here back in the early 16th century and married the spanish air to the throne. that is why the country that we know as belgium today became spanish for a while. the spanish soldiers and officers never really liked it here. they were seen as...
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CNBC
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number three, we have a long-term opportunity around energy. america can become an energy exporter. how do we do that in a way that deals with some of the environmental challenges that we have at the same time? that's going to be a third thing. but the most immediate thing i've got to do, starting on january 1st, if congress doesn't act before the end of the year is make sure that taxes are not going up on middle class families. because it is going to be very hard for the economy to sustain its growth trends if suddenly we have a huge fight taken out of the average american's paycheck. >> new gun regulations. mayor bloomberg of new york told me a couple weeks ago on this program that ought to be your number one agenda item. you know how hard this is. do you have the stomach for the political fight for new gun control laws? >> you know, david, i think anybody who was up in newtown who talked to the parents, who talked to the families, understands that something fundamental in america has to change. and all of us have to do some soul serving, including me as president, that we allow a
number three, we have a long-term opportunity around energy. america can become an energy exporter. how do we do that in a way that deals with some of the environmental challenges that we have at the same time? that's going to be a third thing. but the most immediate thing i've got to do, starting on january 1st, if congress doesn't act before the end of the year is make sure that taxes are not going up on middle class families. because it is going to be very hard for the economy to sustain its...
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very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side, i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that if we go down a few months down that road. >> mike, ezra, good to have you on the program. thanks so much. >> thank you. >> have a great new year. >>> up next on the "the wall street journal report," the faces that made the news of 2012 on our show. we will bring you the best of the best. find us on facebook/mariabartiromo. back in a moment. and now is when the gulf gets even better. the beaches and waters couldn't be more beautiful. take a boat ride or just lay in the sun. enjoy the wildlife and natural beauty. and don't forget our amazing seafood. so come to the gulf, you
very cheap energy without being driven by economic weakness. that's one thing. and then i guess on the potential negative side, i really do think that there's always the chance that the central banks have kind of, you know, kind of -- they basically have the system in therapy right now and they think they have the medical dosages right in terms of free money. and if they sort of lose control, whether it's in europe or somewhere else, i really do think the markets should be unprepared for that...
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minister attending two days later its presumed partner spain's energy giant gas natural phenomena denied any involvement saying it knows nothing about the deal and the man who signed the papers on behalf of the spanish side turned out to be a. former ski teacher turned a con man but there are some who say this really the biggest loser this year has been western europe it's going nowhere it has no political direction and what's worse the only people who are trying to give a political direction are people who want to actually give it a worse economic and but just rather than an opportunity for survival the year two thousand and thirteen will show whether tighter economic and fiscal or nation than the eurozone brings any results but it will get worse before it gets better experts say the recession will deepen and unemployment will hit new highs rising to unprecedented levels of about twenty five percent in spain and greece and with upcoming elections in italy and then germany the european union is facing plenty of political as well as economic uncertainties like they say you're never a lose
minister attending two days later its presumed partner spain's energy giant gas natural phenomena denied any involvement saying it knows nothing about the deal and the man who signed the papers on behalf of the spanish side turned out to be a. former ski teacher turned a con man but there are some who say this really the biggest loser this year has been western europe it's going nowhere it has no political direction and what's worse the only people who are trying to give a political direction...
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becoming energy independent on its own. do you really think it will happen? because i still talk to a couple of people in the oim and gas industry that say, you know what? it's a far cry from the reality out there. we're still going to see the middle east being the dominating oil exporter. >>. >> i think in terms of any oil forecast, my experience is i'm lucky if i can forecast the oil price more than six months. so to forecast it eight years out, what's happened also is in terms of supply is that last year another reason why the oil price got held up was that we had problems in the north sea. the only nonopec user who came up with the goods was the u.s. everybody else failed as they always do. >> i was just wondering, christian, what your thoughts are. also, we were looking at the higher oil prices. higher being anything north of 100 at the time saying it's going to slow down a recovery in markets. this time around, now we're using to prices being in the region of 100. but what are your thoughts when you look at oil at the moment? >> well, we've had these tw
becoming energy independent on its own. do you really think it will happen? because i still talk to a couple of people in the oim and gas industry that say, you know what? it's a far cry from the reality out there. we're still going to see the middle east being the dominating oil exporter. >>. >> i think in terms of any oil forecast, my experience is i'm lucky if i can forecast the oil price more than six months. so to forecast it eight years out, what's happened also is in terms of...